In his speech to the Conservative party conference in October 2015, Prime Minister David Cameron announced what he described as "a dramatic shift in housing policy", by introducing changes to planning requirements for affordable homes. Cameron suggested that housing was the one big piece of unfinished business in the economy, proposing that "A Greater Britain must mean more families owning a home of their own." ....
Stewart Baseley, executive chairman of the Home Builders Federation, said: "Greater flexibility in the way affordable housing is provided should not only speed up the process of securing an implementable planning permission but also make more sites viable for new housing."
There will be a cap on the cost of these homes, of £450,000 in London and £250,000 elsewhere. However, according to housing charity Shelter, only people earning more than £77,000 a year in London will be able to afford to buy one of these homes, and £50,000 a year in the rest of the country.
Campbell Robb, Chief executive of Shelter said: "You don't solve an affordability crisis by getting rid of the few affordable homes we're building, yet that's exactly what this policy will do. Today's announcement confirms our fears that Starter Homes costing up to £450,000 will be built at the expense of the genuinely affordable homes this country desperately needs."
ps. Just a thought, most self builders will be earning well over the £50,000 !
Edited by Triassic, 09 October 2015 - 06:39 PM.